Quarterly value of online transfers issued in Nigeria 2020

Published by
Doris Dokua Sasu,
Jan 20, 2023
In the fourth quarter of 2020, the value of online transfer payments issued in Nigeria amounted to over 120 trillion Nigerian naira (NGN), approximately 283.2 billion U.S. dollars. This was obtained from over 2.2 billion transfers made in the same quarter. Moreover, compared to the previous quarters it represented a considerable increase.

Quarterly value of online transfers issued in e-payment transactions in Nigeria from 1st to 4th quarter 2020 (in billion Nigerian naira)

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Release date

April 2021

Region

Nigeria

Survey time period

Q1 to Q4 2020

Supplementary notes

Figures have been rounded.

Currency conversion rate as of July 13, 2022.

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